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Monthly Archives: July 2009

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Water Bills Cut:

admin July 29, 2009

UK households should see the average annual water bill cut by £14 to £330 over the next five years, according to the regulator’s proposals revealed today. The before-inflation cuts were set out in Ofwat’s draft pricing limits for 20010-15, but are likely to meet resistance from water companies. Water companies had been hoping to increase… Continue Reading »

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Energy Companies Fined:

admin July 8, 2009

Two of Britain’s leading energy companies have together been fined more than £950 million for illegally carving up their own domestic markets on the Continent. E.On, and French giant GDF Suez have each been fined €553 million for artificially fixing prices. It is the second-largest cartel price-fixing fine in European Union history. The two have been… Continue Reading »

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